Bajaj Electricals Limited has announced its strategic expansion into the wires business segment, marking a significant diversification move under its existing Lighting Solutions portfolio. The company made this disclosure through a regulatory filing on January 20, 2026, in compliance with SEBI Listing Regulations.

Strategic Business Expansion

The electrical equipment manufacturer has decided to enter the wires market as a new business line, positioning this expansion under its established Lighting Solutions segment. The company cited growing demand in the wires industry as the primary motivation for this strategic move, aimed at enabling sustainable growth through business diversification.

Implementation Timeline and Investment Strategy

Bajaj Electricals plans to launch the new product line shortly, with a phased approach to market assessment and investment planning. The company has outlined its methodology for determining the required investment:

Regulatory Compliance and Market Communication

The announcement was made pursuant to Regulation 30 of the SEBI Listing Regulations, specifically under sub-paragraphs 2 and 3 of Paragraph B of Part A of Schedule III. Chief Compliance Officer and Company Secretary Prashant Dalvi signed the disclosure, ensuring compliance with the company's Policy on Determination of Materiality for Disclosure of Events or Information.

Future Developments

Bajaj Electricals has committed to providing regular updates to stock exchanges regarding any material developments related to this new business venture. The company will continue to assess market dynamics and investment requirements as it progresses with the wires business implementation under the applicable regulatory framework.

Bajaj Electricals Limited has disclosed receiving a GST assessment order from Tamil Nadu authorities demanding ₹936.38 lakh for alleged tax irregularities pertaining to FY 2018-19. The company made this disclosure under Regulation 30 of SEBI Listing Regulations on December 31, 2025.

Assessment Order Details

The assessment order was issued by the Office of the Commercial Tax Officer, Chennai Central, Tamil Nadu, under Section 74 of the Tamil Nadu Goods and Services Tax Act, 2017. The company received the order on December 31, 2025, at 16:02 hours.

The demand breakdown is structured as follows:

Grounds for Assessment

The GST Authority has raised the demand on various grounds alleging short payment of tax liability by the company for FY 2018-19. The primary issue relates to the disallowance of input tax credit (ITC) claimed by the company during the said period.

Company's Response and Legal Options

The management is currently evaluating appropriate legal options to contest the assessment order. The company has indicated that these options include filing an appeal before the appropriate appellate authority or tribunal against the order.

Financial and Operational Impact

Bajaj Electricals has clarified that the financial impact of the order, if it materializes, would be limited to the extent of the demand raised and penalty levied. The company has emphasized that there is no impact on its operations or other business activities due to this assessment order.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and in accordance with the company's Policy on the Determination of Materiality for Disclosure of Events or Information. The communication was signed by Prashant Dalvi, Chief Compliance Officer and Company Secretary.